Volkswagen close to selling stake in its U.S. EV recharging business to Siemens
June 27, 2022 at 17:33 PM EDT
Volkswagen AG, maker of the iconic Porsche sports car, is close to selling a minority stake in its U.S. electric vehicle recharging business to an arm of Siemens AG, a deal that would value the network at more than $2 billion, according to people familiar with the matter.
